UUP - Opportunity Knocks In Inflation
By Ashok Bhatia, Deputy Chief Investment Officer—Fixed Income; Olumide Owolabi, Portfolio Manager—Fixed Income
As investors take temporarily weak inflation to be structural, it creates potential value in TIPS.
Today's CIO Weekly Perspectives comes from guest contributors Ashok Bhatia and Olumide Owolabi.
Inflation rates consistently below or around target levels since the global financial crisis have changed investors' expectations for, and pricing of, forward inflation. The level of investor concern about persistently low inflation only increases with every below-target inflation report.
The most recent downtrend in inflation has led investors, and even some on the Federal